Income Tax (Details Textual) |
12 Months Ended |
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Jun. 30, 2016
USD ($)
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Income Tax (Textual) | |
U.S. federal net operating losses | $ 1,012,000 |
Operating loss carryforwards expiration period | Expire between 2031 and 2036. |
Net change in total valuation allowance | $ 149,505 |
Net operating loss carryforwards for US income taxes in future periods | Company experience a more than 50% change in its ownership over a 3 year period. |
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- References No definition available.
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- Definition Description of operating loss carryforwards expiration period. No definition available.
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition A description of the limitations on the use of all operating loss carryforwards available to reduce future taxable income. No definition available.
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- Definition The portion of the valuation allowance pertaining to the deferred tax asset representing potential future taxable deductions from net operating loss carryforwards for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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